ºÚÁÏÊÓƵ

All Countries
Corporate Governance
Nominee Director Agreement

Nominee Director Agreement Template for India

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Nominee Director Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Nominee Director Agreement

"I need a Nominee Director Agreement for appointing a representative from our venture capital firm to serve on the board of a technology startup in Bangalore, with specific provisions for protecting our investment interests and maintaining confidentiality of both companies' intellectual property."

Celebrated by
Collaborations with
Investors
Document background
The Nominee Director Agreement is a crucial document used when a company, investment fund, or significant shareholder needs to appoint a representative to serve on a company's board of directors in India. This agreement is particularly important in joint ventures, private equity investments, and corporate group structures where certain stakeholders require board representation to protect their interests. The document must comply with the Companies Act, 2013, and other relevant Indian corporate laws, addressing key aspects such as fiduciary duties, confidentiality obligations, indemnification provisions, and reporting requirements. It serves as a legal framework defining the relationship between the appointing entity and the nominee director, ensuring clear understanding of roles, responsibilities, and limitations of the position.
Suggested Sections

1. Parties: Identifies the appointing entity (company/shareholder) and the nominee director

2. Background: Explains the context and purpose of the nominee directorship arrangement

3. Definitions: Defines key terms used throughout the agreement

4. Appointment and Term: Details of the appointment, duration, and renewal terms

5. Roles and Responsibilities: Specific duties and obligations of the nominee director

6. Remuneration: Details of fees, expenses, and other compensation

7. Fiduciary Duties: Standard of care and statutory duties under Companies Act

8. Confidentiality: Obligations regarding confidential information

9. Indemnification: Protection and indemnification provisions for the nominee director

10. Reporting Requirements: Communication and reporting obligations to the appointing entity

11. Termination: Conditions and process for termination of the agreement

12. Governing Law and Jurisdiction: Applicable law and dispute resolution mechanisms

Optional Sections

1. Non-Compete: Restrictions on competing activities, used when nominee has access to sensitive business information

2. Insurance: Directors and Officers (D&O) insurance provisions, included when specific insurance coverage is required

3. Multiple Board Positions: Provisions for serving on multiple boards, needed when nominee may serve multiple companies

4. Intellectual Property: IP rights and obligations, included when nominee may be involved in IP-sensitive matters

5. Foreign Exchange Compliance: FEMA compliance provisions, required when foreign entities are involved

6. Committee Participation: Terms for participation in board committees, included when specific committee roles are contemplated

Suggested Schedules

1. Schedule 1 - Fee Structure: Detailed breakdown of remuneration, sitting fees, and expense reimbursement

2. Schedule 2 - Specific Duties: Detailed list of specific responsibilities and expectations

3. Schedule 3 - Company Policies: Key corporate policies applicable to the nominee director

4. Schedule 4 - Reporting Format: Template for periodic reports to be submitted by the nominee director

5. Appendix A - Board Resolution: Copy of board resolution approving the nominee director appointment

6. Appendix B - Consent to Act: Director's consent form as required under Companies Act

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions


































Clauses






























Relevant Industries

Financial Services

Investment Banking

Private Equity

Venture Capital

Corporate Services

Professional Services

Manufacturing

Technology

Real Estate

Infrastructure

Banking

Insurance

Telecommunications

Relevant Teams

Legal

Corporate Secretarial

Compliance

Corporate Governance

Board Secretariat

Executive Management

Investment

Corporate Affairs

Risk Management

Relevant Roles

Company Secretary

Legal Counsel

Corporate Lawyer

Compliance Officer

Board Director

Nominee Director

Managing Director

Chief Executive Officer

Chief Legal Officer

Company Director

Investment Director

Fund Manager

Private Equity Director

Venture Capital Partner

Corporate Governance Officer

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Creative Director Contract

An Indian law-governed employment agreement for Creative Directors, establishing terms of employment, creative responsibilities, and IP rights in professional creative environments.

find out more

Director Indemnity Agreement

An Indian law-governed agreement establishing terms for company indemnification of director's liabilities and expenses incurred in their official capacity.

find out more

Nominee Director Contract

An Indian law-governed agreement establishing terms for nominee director appointment, including duties, rights, and obligations under the Companies Act 2013.

find out more

Director Exit Agreement

An Indian law-governed agreement that formalizes a director's exit from a company's board, addressing all key transition and compliance aspects.

find out more

Director And Officer Indemnification Agreement

An Indian law-governed agreement establishing terms for company indemnification of directors and officers against liabilities and claims incurred in their official capacity.

find out more

Director Settlement Agreement

An Indian law-governed agreement documenting the terms of a director's departure from a company, including settlement terms, mutual releases, and post-termination obligations.

find out more

Nominee Director Indemnity Agreement

An Indian law-governed agreement providing indemnification protection to nominee directors against liabilities and legal proceedings arising from their directorship duties.

find out more

Director Profit Sharing Agreement

An Indian law-governed agreement establishing terms for profit sharing between a company and its director, compliant with the Companies Act, 2013.

find out more

Director Shareholder Agreement

An Indian law-governed agreement defining the rights and obligations between company directors and shareholders, establishing corporate governance framework.

find out more

Director Fee Agreement

An Indian law-governed agreement establishing director compensation terms and responsibilities in accordance with the Companies Act 2013.

find out more

Independent Director Agreement

An Indian law-governed agreement establishing the appointment terms and duties of an Independent Director under the Companies Act, 2013.

find out more

Managing Director Contract Of Employment

An employment contract for Managing Directors in Indian companies, compliant with Companies Act 2013 and relevant Indian legislation.

find out more

Nominee Director Agreement

An Indian law-governed agreement establishing terms for nominee director appointment, duties, and obligations under the Companies Act, 2013.

find out more

Company Director Agreement

An Indian law-governed agreement establishing the terms, duties, and obligations between a company and its director under the Companies Act 2013.

find out more

Non Executive Director Agreement

An Indian law-governed agreement establishing terms and conditions for appointing a Non-Executive Director, including duties, remuneration, and compliance obligations.

find out more

Executive Director Employment Contract

An Indian law-governed employment agreement for Executive Directors, addressing both corporate governance and employment terms in compliance with the Companies Act 2013.

find out more

Director Employment Contract

An Indian law-governed employment agreement for company directors, compliant with the Companies Act 2013 and establishing key terms of directorship.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.